The interest rate you secure for your mortgage greatly influences your monthly housing costs.
In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000.
Interest rates are still at historic lows; this is a great time lock in your housing cost and protect yourself from increasing rents, or refinance your current mortgage.
https://www.briankludt.com/wp-content/uploads/2016/10/20161007-Mortgage-Rates-STM.jpg15002000BrianKludtTeamhttps://www.briankludt.com/wp-content/uploads/2018/06/brian-kludt-mortgage-team-header-logo-ccm.pngBrianKludtTeam2016-10-07 05:00:262016-10-07 05:00:26Mortgage Rates by Decade Compared to Today [INFOGRAPHIC]